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Tasmania expects 2023/24 production of 85,000 tonnes of wheat, 50,000 tonnes of barley and 2,000 tonnes of canola, down from last season's total of 153,000 tonnes. Tas Stockfeed imported 6,000 tonnes of South Australian barley to cover local feed demand after a dry spring.
Local shortfalls in Tasmania increase reliance on mainland barley shipments, supporting regional feed grain demand and freight costs.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.